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SIGFOX

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Global 0G network for low-power IoT connectivity.

Labège, FranceFounded 2009Telecom
Valuation $25–50M Last recorded · 2022
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for SIGFOX and the history behind them.

About SIGFOX

Sigfox provides a global low-power wide-area network (LPWAN) for the Internet of Things (IoT), often referred to as the 0G network. Founded in 2010 by Ludovic Le Moan and Christophe Fourtet in Labège, France, the company was established to address the challenges of cost, energy consumption, and scalability in massive IoT deployments.

The firm's technology utilizes ultra-narrowband (UNB) radio modulation, allowing it to transmit very small data packets (up to 12 bytes) over long distances with minimal power. This design enables battery-powered IoT devices to operate for several years without needing a replacement. The network operates on unlicensed ISM radio bands and features a star topology where devices broadcast messages received by any nearby base station, which then forwards the data to the Sigfox Cloud for processing. This simple architecture eliminates the need for complex connection handshakes, reducing both energy use and hardware costs.

Sigfox's business model is based on providing connectivity as a service through a network of local Sigfox Network Operators (SNOs) across the globe. These operators deploy and maintain the physical infrastructure, while Sigfox manages the cloud platform and technology stack. The company serves various industries, including logistics, asset tracking, smart metering, agriculture, and smart cities.

After raising over $300 million from investors like Salesforce, Intel, and Samsung, Sigfox faced financial difficulties due to a slower-than-expected IoT adoption cycle and filed for bankruptcy in January 2022. In April 2022, the company was acquired by UnaBiz, a massive IoT service provider and existing Sigfox operator for Singapore and Taiwan, for a reported €25 million. Under UnaBiz's ownership, Sigfox continues to operate, supporting over 14 million active devices across 75 countries. UnaBiz has stated its intention to foster convergence between LPWAN technologies and has made the Sigfox device library code publicly available to encourage interoperability.

Source: Dealroom company data

At a glance

Founded
2009
Headquarters
Labège, France
Sector
Telecom

Investors

26 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A4 investors entered at this stage

Series B and later21 investors entered at this stage

  • Bpifrance
  • Eurazeo
  • Telefónica Innovation Ventures
  • Zouk Capital
  • Eutelsat Group
  • SK Telecom
  • Elliott Management
  • ALIAD (Air Liquide)
  • Telefonica
  • NTT DOCOMO Ventures
  • NTT DoCoMo
  • SK Telecom Ventures
  • Air Liquide
  • Engie
  • Henri Seydoux
  • Salesforce Ventures
  • TotalEnergies Carbon Neutrality Ventures
  • SWEN Capital Partners
  • Alto Invest
  • Tamer Group
  • Khazanah Nasional Berhad
Team profiled 66 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇫🇷 France83.3%
🇦🇪 United Arab Emirates4.2%
🇻🇳 Vietnam4.2%
🇩🇪 Germany4.2%
4 countries shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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